Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: KJ. Moy who wrote (52554)	3/19/1999 1:22:00 AM
From: trendmastr	Read Replies (1) \| Respond to of 132070

KJ: You had told me that club membership was 25,000 shares......and the price then was 16! tm

To: KJ. Moy who wrote (52554)	3/19/1999 1:33:00 AM
From: Merritt	Read Replies (2) \| Respond to of 132070

K.J.M.: Not to be a wet blanket but...a 10 bagger would indicate a price over $55/share, so with 25mm shares that's a market cap of $1.375 bln. Using your sales estimate of $80mm-$200mm for Y2K (which ends in about 20 months), that seems to me to be a pretty hefty cap, even using your highest figure - especially considering that the market they're selling into totals out at about $500mm. So, unless they'll have some stupendous margins - or they're planning to put a .com after their name, I just don't see how they can reasonably get there.